ConnectM (CNTM) announced that the company has retired an additional $9M of debt since March 31. Since going public on July 15, 2024, ConnectM has eliminated $40M in liabilities, bringing total outstanding debt to less than $8M. The company expects to be in a positive stockholder equity position by Q2 2025.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNTM: